Nelson Lee

Nelson Lee asked about CBL International's expansion plans for the second half of 2025, its five-year business plan, and how its business model is expected to evolve by 2030.

Answer

Chairman and CEO Dr. Teck Lim Chia stated that despite challenges, CBL successfully reduced net losses, diversified its customer base, and improved operational efficiency. The strategy for H2 2025 and beyond includes strengthening the service network (Asia-Pacific, emerging markets), growing sales volume (new customers, segments, deepening current relationships), and exploring sustainable fuels (biofuel adoption, methanol, LNG). He emphasized ensuring adequate financial resources (secured more bank facilities) and regularly exploring vertical/horizontal integration opportunities to support decarbonization goals, aiming to be a full-fledged bunkering service facilitator diversifying from containers to non-containers, fossil fuels to renewables, and Asia to the world.

Nelson Lee from ICBCI asked about CBL International's expansion plans for H2 2025, its five-year business plan, and how its business model is expected to evolve by 2030.

Answer

Dr. Teck Lim Chia, Chairman and CEO, outlined plans to strengthen the service network in Asia-Pacific and emerging markets, grow sales volume through new customer acquisition and deepening existing relationships, and enhance supplier relationships. The core sustainability strategy involves biofuel adoption and exploring other sustainable fuels like methanol and LNG. CBL International aims to be a full-fledged bunkering service facilitator by 2030, diversifying across customer segments, fuel types, and global presence, while exploring vertical and horizontal integration opportunities.

Nelson Lee from ICBCI asked about CBL International's expansion plans for H2 2025, its five-year business plan, and how its business model is expected to evolve by 2030.

Answer

Dr. Teck Lim Chia, Chairman and CEO, outlined a strategy to strengthen the service network (Asia-Pacific, emerging markets), grow sales volume (new customers/segments, existing relationships), enhance market position (supplier relationships), and explore sustainable fuels (biofuel adoption, methanol, LNG). He mentioned securing more bank facilities in the past 12 months for growth. Longer-term, CBL International aims to be a full-fledged bunkering service facilitator, diversifying customer segments (container to non-container), fuel types (fossil to biofuel/renewable), and geographic reach (Asia to global), while exploring vertical/horizontal integration and supporting decarbonization goals.